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SocialismCapital and Interest TheoryProduction Theory
Marx’s theory of exploitation forms the foundation of all his work. But Marx couldn't tell the difference between profit and surplus, exposing the incoherence of his theory.
ProgressivismInterventionismOther Schools of Thought
Why economics abandoned the analysis of human action in favor of Keynes-inspired math-centered economics.
World HistoryHistory of the Austrian School of EconomicsPolitical Theory
Hayek is guilty of pointing out what should be abundantly obvious: both democratic and authoritarian regimes can commit grave crimes against human rights.